Investment Advisory Group LLC Acquires 126 Shares of iShares S&P 500 Value ETF $IVE

Investment Advisory Group LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,057 shares of the company’s stock after purchasing an additional 126 shares during the period. iShares S&P 500 Value ETF comprises about 1.1% of Investment Advisory Group LLC’s holdings, making the stock its 22nd largest holding. Investment Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $3,529,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IVE. Cloud Capital Management LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter worth about $29,000. Nemes Rush Group LLC lifted its stake in iShares S&P 500 Value ETF by 625.0% during the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter. Flaharty Asset Management LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter worth about $33,000. Finally, IMG Wealth Management Inc. bought a new stake in iShares S&P 500 Value ETF during the first quarter worth about $34,000.

iShares S&P 500 Value ETF Stock Down 2.2%

Shares of IVE stock opened at $202.52 on Friday. The business has a 50-day moving average price of $203.21 and a two-hundred day moving average price of $194.00. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $209.12. The firm has a market cap of $40.93 billion, a P/E ratio of 20.70 and a beta of 0.94.

iShares S&P 500 Value ETF Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.